. Cost of an item is rupee 50 It was sold with a profit of 12% Find the selling price
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0
Answer:
600
Step-by-step explanation:
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Answer:
Cost of an item is rupee 50 It was sold with a profit of 12% Find the selling price.
The S.P. is ₹ 56.
Step-by-step explanation:
Cost Price = Rs. 50.
Profit % = 12%
Selling Price or S.P. of the item.
12% Profit means if the cost price is 100, the selling price will be 115. Thus, we write as under:
If the C.P. is ₹ 100, then the S.P. is ₹ 112.
If the C.P. is ₹ 1, the the S.P. is 112/100 .
If the C.P. is ₹50, then the S.P. is 112/100×50
= ₹ 56.
Therefore, the S.P. of that item is Rs. 56.
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